Shinkansen - The Japanese bullet trains
The public sector company will manufacture metro cars for the Mumbai Metro Corridors 2A, 2B and 7. According to BEML, there is scope for another odd metro cars in the same project in the second lot, taking the total to Hota had recently said the company was aiming at a per cent rise in the bottomline in the fiscal. Mon, Dec 17 Sun, Dec 16 A division bench of Justices Ranjit More and Revati Mohite-Dere was hearing a petition filed by the construction firm 'Atlanta Limited', challenging a notice to stop work on a land now reserved for the bullet train project.
According to the notice, the building was coming up on the land reserved for the bullet train project spread across three districts of Maharashtra.
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So, eventually they will have to acquire land. It is best to sit together and settle the matter. The authorities will pay the company compensation as per fair market price," Justice More said.
BEML pitches for indigenisation of six bullet train rakes
Senior counsel M M Vashi, appearing for the petitioner, told HC that they were ready to settle the matter. It posted the petition for next hearing on January According to the petition, the company has already constructed two residential towers on the land and work on the the third tower is underway. Vashi said the project was issued commencement certificate and all other requisite permissions were taken. The Centre's ambitious Rs 1. The bullet train will run at a speed of kmph, with 12 stations across its km stretch.
For the project, around 1, hectares of land will be acquired in Gujarat and Maharashtra, 1, hectares of which is privately owned. Around 6, land owners will have to be compensated.
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